2022
Exports
$123kWorld Rnk 106 / 159
Flag Rnk 365 / 848
2022
PRODUCT COMPLEXITY IN Shaped Wood
-0.84Rnk 788 / 1025
2022
Imports
$8.27MWorld Rnk 49 / 221
Flag Rnk 290 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $123k in Shaped Wood, making it the 106th largest exporter of Shaped Wood in the world. At the same year, Shaped Wood was the 365th most exported product in Azerbaijan. The main destination of Shaped Wood exports from Azerbaijan are: Turkey ($116k), Russia ($7.05k), and Georgia ($128).

The fastest growing export markets for Shaped Wood of Azerbaijan between 2021 and 2022 were Turkey ($98.2k), Russia ($7.05k), and Georgia ($18).

Imports In 2022, Azerbaijan imported $8.27M in Shaped Wood, becoming the 49th largest importer of Shaped Wood in the world. At the same year, Shaped Wood was the 290th most imported product in Azerbaijan. Azerbaijan imports Shaped Wood primarily from: China ($2.62M), Russia ($1.92M), Belarus ($1.79M), Turkey ($690k), and Ukraine ($635k).

The fastest growing import markets in Shaped Wood for Azerbaijan between 2021 and 2022 were China ($1.2M), Belarus ($719k), and Indonesia ($189k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Shaped Wood. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$123k
IMPORTS (2022)$8.27M
NET TRADE (2022)-$8.15M

In 2022, Azerbaijan exported $123k in Shaped Wood. The main destinations of Azerbaijan exports on Shaped Wood were Turkey ($116k), Russia ($7.05k), and Georgia ($128).

In 2022, Azerbaijan imported $8.27M in Shaped Wood, mainly from China ($2.62M), Russia ($1.92M), Belarus ($1.79M), Turkey ($690k), and Ukraine ($635k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaped Wood EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$98.2k (542%)
Russia$7.05k (1%)
Georgia$18 (16.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaped Wood BY Azerbaijan WERE (2021 - 2022):
Iran-$14.3k (-100%)
Azerbaijan-$13.3k (-100%)
Kazakhstan-$4.41k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Shaped Wood were:
In 2022, Azerbaijan's main importing competitors in Shaped Wood were:

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Trade Value of Shaped Wood by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $38.6k
TOP IMPORT POTENTIALChina+ $456k

Shaped Wood’s highest export potential is Turkey. With an export gap of $38.6k.   Shaped Wood’s highest import potential is China with an import gap of $456k.

See methodology.

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